Property prices for sale in Peru (Illinois)
The prices in real estate in Peru, in the Illinois region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Peru has increased strongly during the last 6 months. In October, the average price per sq.feet was $122. In the following month the price per sq.feet increased considerably to $1,242. The price for the following two months in (December, January) had a considerable decrease of 16 with regard to the prior two months. The price per sq.feet has had a considerable increase of 4518 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $395.75 to $17,879 during February, and March.
Based upon to the price in Peru (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $175,805. In November This price remains at $177,961. In the following two months the average price has remained the same with regard to the previous two months from $176,883 to $182,386.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 138 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $237,619 they are 53 % more affordable than the average price for Peru. The properties with the lowest average price have 3 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 4 bedrooms priced at $213,929.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $61 / sq.feet, with an average $16,750 / sq.feet price in Peru. The properties with the lowest average prices have 3 bedrooms. They are 100 % cheaper than the average followed by properties with 1 bedroom with a price at $68 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $237,619 it is 32 % cheaper than the average price in Peru. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $161,306 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $35 / sq.feet followed by "House" priced at $64 / sq.feet. "House" is the cheapest type of property with a $64 / sq.feet value followed by "Commercial" with an average price of $35 / sq.feet.
